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136.170 Apportionment of property valuation.

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136.170 Apportionment of property valuation. The Department of Revenue shall allocate the assessed value of the operating property in <br>this state among the counties, cities, and other taxing districts. The location of operating <br>property and the proportion which the length of line or route operated in such taxing <br>district bears to the total length of lines or route operated in this state shall be considered <br>in this allocation and such other reasonable evidence of value as the Department of <br>Revenue may by regulations prescribe; provided, however, that the assessed value of <br>nonoperating tangible property shall be allocated to the county, city, or other taxing <br>district where the property is situated. Effective: June 20, 2005 <br>History: Amended 2005 Ky. Acts ch. 85, sec. 307, effective June 20, 2005. -- Amended 1960 Ky. Acts ch. 186, Art. II, sec. 6, effective March 25, 1960. -- Amended 1942 <br>Ky. Acts ch. 164, secs. 1 and 2. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective <br>October 1, 1942, from Ky. Stat. sec. 4081.